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22227412
22227413

5601 S Thompson Ave, Tacoma, WA 98408

SB
WA 50311
Kendra Todd Group
Listed by Kendra Todd Group
$1,285,000
476 days on market
Updated 56 days ago

10 Unit Multifamily Building in Tacoma, WA

Details
APN 3595000160
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,760
Net Rentable (SqFt) 4,760
Units 10
Cap Rate 5.3%
NOI $68,098
Occupancy 100%
Pro-Forma Cap Rate 7.64%
Pro-Forma NOI $98,217
Price per SqFt $270
Broker Co-Op Yes
Class C
Year Built 1996
Buildings 1
Stories 2
Lot Size (SqFt) 6,195
Zoning TAC
Parking Spaces 5 spaces
Parking Per SqFt 1.05
Investment Type Value Add

$1,285,000: 100% Occupied Value-Add Multifamily in Tacoma, WA | 10 Units

Marketing description

Great 2 story 10-plex in Tacoma with 9, 1 BD/ 1 BA units and one large studio. 100% occupied with long-term tenants at below-market rents. Centrally located and walking distance to shops and grocery stories. Exterior security lighting, 5 parking spots rented for extra income, and coin-op washer and dryer in dedicated laundry room. One of the best priced buildings in Tacoma!

Listing Contacts

SB
WA 50311
Kendra Todd Group
Listed by Kendra Todd Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$68,098.00
$5,674.83/mo

Valuation Metrics

0
DSCR
5.3%
Cap Rate
5.3%
ROI

Map

Zoning

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UR3 ResidentialMulti FamilyUrban Residential 3
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Last updated May 26, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Stacey Brower
License
50311
Brokerage
KW Greater Seattle
Brokerage Phone
206-632-2636
Title
Real Estate Broker
Brokerage Address
1307 North 45th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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